BTC/USDT Perpetual Contract
Long
Updated

Bitcoin (BTC): Approaching ATH | Marking Potential Cycle Top

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Bitcoin on the weekly timeframe is showing a strong start to the week, where the price is looking for a potential breakout, which then could result in yet another ALL-TIME-HIGH.

Now markets have been very volatile lately, so being close to ATH makes the situation pretty dangerous, so for better opportunities to trade, wait for that proper breakout (which most likely will be an aggressive one).

Now as we approach the end of 2026, we are also thinking that the bull cycle is in the ending phase and 2026 should mark itself as the start of a bear market, so let's get ready and prepare ourselves for it.

We still have time before that so alts still have their chance!

Swallow Academy
Note
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Since last time we looked at the 4-hour timeframe, we have had a good 7% upside movement, where price is now back in our sideways channel, giving us another opportunity for a potential breakout to happen and proper buyside movement to start!

So we wait out today, and if buyers maintain current zones, we are going to look from a different angle!
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BTC is back, showing us bullish signs that could and should lead us back to the all-time-high zone.

What we expect here is the break of that ATH zone so for now we aim to reach that upper zone and once we are there and see signs of a breakout, we are going to aim for the $140K area.
Note
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We did it; the price moved exactly like we predicted and now we have formed a new ATH zone—from where we got rejected pretty fast.

So, what we are looking for now is another touch to the new ATH zone and proper BOS to form so we are in the "waiting phase" currently.

Waiting is important here and nothing is yet confirmed as long as we haven't formed that break of structure!
Trade active
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What a strong downside movement we had yesterday, where more than enoughmoney has been wiped out from markets.

Nevertheless, we had a good reset and as we formed that BOS on smaller timeframes, we are seeing a good chance for recovery and another attempt to move to upper zones here, so that's what we are looking for here, as long as we are above the 200 EMA line!

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